Corporate Accountability: The New Era of Governance

“No more easy money for corporate criminals -- just hard time.”

George W. Bush signed the Sarbanes-Oxley Act of 2002, the most far-reaching corporate reform legislation since the New Deal in the 30's. The legislation is the result of billion-dollar corporate accounting scandals like Enron, Tyco, and WorldCom, and is designed to send a message to employees that the American public will no longer tolerate corruption in the companies they invest in. Welcome to the new era of corporate governance, where the stakes for wrongdoers has been raised dramatically.

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